The Swedish American Chambers of Commerce of Washington Dc Inc
Nonprofit profile at a glance
- EIN
- 521644609
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 2025361570
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $145,595
- Expenses
- $144,932
- Assets
- $181,268
- Liabilities
- $56,906
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JIM SOLYST (PRESIDENT)
People named in this filing
- JESICA LINDGREN (CHAIRPERSON)
- MICHAEL ANDERSSON (DIRECTOR)
- NILS JOHANSSON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was formed to assist in the development, promotion and networking of the united states and swedish business and trade relations.
What it reported doing in 2024
Member education and networking events: the organizationholds events to educate its members and provide networkingopportunities. In 2024 the organization held: the 36thannual sacc-dc golf tournament and two nordic innovation andsustainability forums (one in the fall and one in the spring).
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.4%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.5%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 1.25; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 15% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 0.4% per year; rating input score 100; 29th percentile among comparable filings
Details
- Where the money goes: 0.4% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.